Form 4: Veralto Corp Executive Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Surekha Trivedi, SVP of Strategy & Sustainability at Veralto Corp, sold shares of common stock under a pre-arranged 10b5-1 trading plan.
Summary
- On October 1, 2024, Surekha Trivedi, SVP of Strategy & Sustainability at Veralto Corp, sold 688 shares of common stock at a price of $112.55 per share.
- Additionally, on the same day, Trivedi sold 65 shares of common stock at $112.55 per share.
- These transactions were executed under a previously disclosed Rule 10b5-1 trading plan adopted on April 29, 2024.
- Following these transactions, Trivedi beneficially owns 11,165 shares of Veralto Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock sales by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of insider trading activity. The use of 10b5-1 plans is common for corporate executives to avoid accusations of trading on inside information.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| 04/29/2024 | Date of adoption of the Rule 10b5-1 trading plan |
| 10/01/2024 | Date of the reported transactions (sale of shares) |
| 10/02/2024 | Date of signature of the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.